*dives* I'm in!
FOREX Forums
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Jul 4th, 2007, 11:26 PM
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#1
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HSM Addict
Rank: Junior Analyst
Join Date: Jun 2006
Posts: 2,886
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*dives* I'm in!
Well, my account is opened with Oanda and I am now a real currency trader!  
Woo! 
*sings* Pippin all over the world!!!
__________________
Do not try and bend the market. That's impossible. Instead... only try to realize the truth.
There is no market. Then you'll see, that it is not the market that bends, it is only yourself.
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Jul 4th, 2007, 11:46 PM
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#2
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HSM Addict
Rank: Junior Analyst
Join Date: Jun 2005
Location: 41º 88' N, 87º 63' W
Posts: 1,996
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Good Luck! 
Let me know how it goes.
I will be opening a Forex account myself pretty soon.
I am thinking the Yen will weaken to 125 to 1 and then I
will buy buy buy
__________________
----------------------------------------------------------------------------------------------------------------------------------- Fortune favors the Bold. Or is it just that very few
are stupid enough to stand in the Lunatic's way? -----------------------------------------------------------------------------------------------------------------------------------
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Jul 4th, 2007, 11:47 PM
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#3
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HSM Addict
Join Date: Mar 2006
Posts: 3,496
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Jul 4th, 2007, 11:52 PM
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#4
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HSM Enthusiast
Join Date: Nov 2006
Location: My computer desk
Posts: 815
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Mini account or full fledged? What kinda leverage?
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Jul 5th, 2007, 12:07 AM
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#5
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HSM Addict
Rank: Stock God
Join Date: Oct 2006
Location: NY
Posts: 5,382
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Quote:
Originally Posted by Jonathan
Well, my account is opened with Oanda and I am now a real currency trader!
Woo!
*sings* Pippin all over the world!!! |
Sweet...I'd wish you luck but don't believe in luck. I'm sure your dedication and skill will get you where you're looking to go.  
__________________
Ask yourself..."is price attracting volume or is volume attracting price"
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Jul 5th, 2007, 12:18 AM
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#6
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HSM Addict
Rank: Junior Analyst
Join Date: Jun 2006
Posts: 2,886
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Yeah, wish me luck, but I don't want to need it. Luck is definitely a part of trading and helps in the bigger wins, but I can not rely on it as I want to trade all these markets consistently for a living (stocks, forex, futures even).
As far as the account size, I guess you could say it's a mini account (only $100 to start with), but Oanda doesn't classify accounts like that. I can use up to 50:1 leverage with Oanda and I will be depositing more and more as I become more consistent.
__________________
Do not try and bend the market. That's impossible. Instead... only try to realize the truth.
There is no market. Then you'll see, that it is not the market that bends, it is only yourself.
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Jul 5th, 2007, 12:20 AM
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#7
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HSM Addict
Rank: Junior Analyst
Join Date: Jun 2006
Posts: 2,886
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Oh, and as of now, I'm nowhere near using any of the leverage. I'm literally trading a penny a pip and then will slowly step it up. If I can make $4 in a week, that would be amazing! Sure it's only $4... but on a $100 account that's 4%! All I do then is deposit more money and voila! 
__________________
Do not try and bend the market. That's impossible. Instead... only try to realize the truth.
There is no market. Then you'll see, that it is not the market that bends, it is only yourself.
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Jul 5th, 2007, 03:21 AM
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#8
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HSM Addict
Join Date: Apr 2006
Posts: 2,206
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Oanda is a great choice. I've used them for almost a year now I think. I made a thread about moving to Oanda when I did it on here so it should be on the forum somewhere. I'm using the maximum 50:1 leverage that they allow.
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Jul 5th, 2007, 10:44 AM
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#9
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Moderator 
Rank: HSM Hitman
Join Date: Feb 2004
Location: darkest scariest corner of your soul...
Posts: 10,594
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Hey Jonathan--welcome to the addiction! As always--any help or advice you need--we are glad to help. Sounds like you are starting off well...
Trade Safe and Trade Smart!
-w
__________________
Moderator Disclaimer
"Experience is what you get when you don't get what you wanted...."
Wolf's Forex..Trade Safe-Trade Smart!
About my posted FX Commentary: This work is licensed under the Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. 
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Jul 5th, 2007, 03:55 PM
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#10
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HSM Addict
Join Date: Nov 2005
Posts: 2,153
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No commissions? I know practically nothing about forex....
Maybe it's something I should look into
__________________
Successful trading is not telling the future; it is being able to react to it correctly.
Perception is everything. 
My statements are not investment advice.
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